Sponsors (3)
Ask me about this bill
This is not an official government website.
Copyright © 2026 PLEJ LC. All rights reserved.
Modifies section 206A to change publication and rounding text: updates subsection (a) trailing matter and replaces subsection (b) with new publication provisions requiring Secretary to publish adjustments in the Federal Register and specifying rounding to next lower dollar.
Revises multiple numeric dollar amounts in subsection references within section 207(c)(3)(A) by striking specified dollar figures and inserting new figures.
Replaces multiple dollar-figure values in section 213(b)(2) (cooperative housing limits) by striking listed amounts and inserting new amounts.
Updates numeric dollar amounts in section 220(d)(3)(B)(iii)(I) by striking specified figures and inserting new figures.
Alters dollar-figure limits in section 221(d)(4)(ii)(I) by striking existing amounts and inserting new ones.
Replaces multiple per-unit dollar limits in section 231(c)(2)(A) (housing for elderly persons) by striking specified amounts and inserting new ones.
Amends section 234(e)(3)(A) by striking existing dollar amounts and inserting new dollar figures.
Updates the multifamily loan limit figures in Title II of the National Housing Act by replacing numerous statutory dollar amounts with new amounts and changing how those limits are published. It requires the Secretary to publish any adjustments to those dollar amounts in the Federal Register and to round adjusted amounts down to the next lower dollar.
Amend Title II of the National Housing Act by changing section 206A (12 U.S.C. 1712a): remove the parenthetical phrase that began “(commencing in 2004” and replace the trailing text as specified; and replace subsection (b) to require publication and rounding rules for Dollar Amount adjustments. The new subsection (b) requires the Secretary to publish in the Federal Register any adjustments made to the Dollar Amounts and to round the dollar amount of any such adjustment to the next lower dollar.
Amend section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A)) by striking a series of listed dollar amounts and inserting updated dollar amounts in their place. (The text shows multiple individual strike-and-insert edits to the Dollar Amounts in this subsection.) Examples of the replacements shown include: "$38,025" replaced with "67,310"; "$42,120" replaced with "85,328"; "$50,310" replaced with "21,364"; "$62,010" replaced with "72,844"; "$70,200" replaced with "$308,880"; and other listed replacements.
Amend section 213(b)(2) (12 U.S.C. 1715e(b)(2)) by striking several enumerated dollar amounts and inserting updated figures. The text lists multiple strike-and-insert edits (ten subitems A–J) replacing older Dollar Amounts with new values as shown in the section.
Amend section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k(d)(3)(B)(iii)(I)) by striking listed dollar amounts and inserting updated amounts. The provision lists multiple specific strike-and-insert edits to the Dollar Amounts in that subsection.
Amend section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I)) by striking listed dollar amounts and inserting new figures. The text lists multiple subitems (A–J) replacing older Dollar Amounts with updated numbers as shown.
Who is affected and how:
Overall impact: The changes are primarily administrative and numeric. They standardize where adjusted multifamily loan limits are published and ensure published figures are whole-dollar amounts rounded down, which may slightly tighten exact ceilings compared with unrounded figures. No new program rules, funding, or broad regulatory changes are introduced; impacts are concentrated on loan sizing, underwriting, and HUD's publication procedures.
Expand sections to see detailed analysis
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced April 30, 2025 by Ruben Gallego · Last progress April 30, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate